NOT LISTED FOR SALE

703 E Columbia St Evansville, IN 47711

Estimated Value: $35,000 - $110,000

3 Beds
2 Baths
1,400 Sq Ft
$57/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $22,000 $16 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $532/month

3 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 1-Story Property
  • North High School Rated A-
  • Level Lot

About This Home

As of December 2023

Great investment opportunity! This home offers a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit. Exterior of home needs some work, but inside of both apartments are nicely done and tenant occupied! All appliances are included in the sale of the home except for the refrigerator in Apartment B. There is off street parking behind the home.

Last Agent to Sell the Property

Rick Mileham

ERA FIRST ADVANTAGE REALTY, INC Listed on: 12/01/2023

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Rick Mileham

ERA FIRST ADVANTAGE REALTY, INC Listed on: 12/01/2023

ERA FIRST ADVANTAGE REALTY, INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 29x152
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Delaware Elementary School
  • North Middle School
  • North High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 82-06-20-025-107.002-029

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Water Sewer Expense $1,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1924
  • Age: 99
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BUENTE PL PT LOT 2 & PT LOT 3 BL 1
  • Parcel Number ID: 82-06-20-025-107.002-029
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75.86
  • Monthly Gross Income: 855
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1750
  • Total Finished Sq Ft: 1400
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 350
  • Price Per Sq Ft: 15.71
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Total Below Grade Sq Ft: 350
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 400
  • Annual Water Sewer Expense: 1560
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Schools

  • School District: Evansville-Vanderburgh School Corp.
  • Elementary School: Delaware
  • Middle School: North
  • High School: North
  • Elementary School: Delaware

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 29X152
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 855
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 834.14

MLS Schools

  • High School: North
  • Middle School: North
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Dec 11, 2023
Sold by
Krieg Jeffrey T
Bought by
Brash Properties Llc
Seller's Agent
Rick Mileham
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Rick Mileham
ERA FIRST ADVANTAGE REALTY, INC
List Price
$29,000
Sold Price
$22,000
Premium/Discount to List
-$7,000
-24.14%
Total Days on Market
3
Views
4
Current Estimated Value
$79,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,891
Avg. Annual Appreciation
139.02%
Original Mortgage
$90,000
Outstanding Balance
$87,309
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$7,418

Purchase Details

Closed on
Aug 21, 2010
Sold by
Krieg Marlin F
Bought by
Krieg Jeffrey T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brash Properties Llc $22,000 None Listed On Document
Krieg Jeffrey T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brash Properties Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $22,000 -24.1% $16 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $29,000 -- $21 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $993 $46,000 $5,700 $40,300
2023 $825 $38,000 $5,200 $32,800
2022 $834 $38,200 $5,200 $33,000
2021 $785 $35,300 $5,200 $30,100
2020 $767 $35,300 $5,200 $30,100
2019 $762 $35,300 $5,200 $30,100
2018 $763 $35,200 $5,200 $30,000
2017 $759 $34,800 $5,200 $29,600
2016 $760 $34,800 $5,200 $29,600
2014 $745 $34,100 $5,200 $28,900
2013 -- $34,400 $5,200 $29,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202343628

Indiana Regional MLS

APN: 82-06-20-025-107.002-029